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Investing in Women is an Economic Imperative
March 8th, 2012
During the last century there have been many successes in women’s’ rights movements, but there remains a lot of work to be done in accomplishing gender equality. In the book Half the Sky: Turning Oppression into Opportunity for Women Worldwide, authors Nicholas Kristof and Sheryl WuDunn retell an experience had by Bill Gates during a speaking engagement in Saudi Arabia.
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How Much of Bill Gates’ Philanthropy is Supported by Microsoft’s Tax Planning?
June 7th, 2011
Bill Gates likes to be thought of as a great philanthropist. He’s referred to as such, so I guess he’s happy about it. And in some senses he is. But remember he gets tax relief as a result. Remember something else too: the value of Microsoft has undoubtedly been inflated by its tax planning. Low taxes equals higher value is a golden rule of the stock market: it’s the motive for tax avoidance. So ask a question: how much of Gates’ philanthropy has been paid for by the US Exchequer? Quite a lot, I suspect. It’s still philanthropy, but not quite as it first...
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